What caused the 74.6% bridging surge?

What caused the 74.6% bridging surge?

The ever-improving reputation of the bridging lending market has resulted in an upturn in new business over the past year. The National Association of Commercial Finance Brokers’ (NACFB) annual survey revealed that brokers wrote 74.6% more bridging business in the...
Theresa May replaces housing minister

Theresa May replaces housing minister

Prime Minister Theresa May has appointed a new Minister of State for Housing and Planning. Gavin Barwell MP has been appointed after being elected Conservative MP for Croydon Central in 2010, and having served as personal private secretary to the Minister of State for...
Brexit causes surge in art lending

Brexit causes surge in art lending

Specialist lender Borro has reported an increase in customers looking to secure loans against their art collections, as Brexit fears cool the art market. The firm revealed that it had experienced a 40% rise in clients resorting to lending over the past few months, as...